French Hill: Hope to pass the CLARITY Act after the election

French Hill, Chairman of the U.S. House Financial Services Committee, stated that the regulatory actions of the SEC and CFTC fall short of the stability provided by congressional legislation, and that the CLARITY Act still needs to be passed to ensure the United States' leading position in digital assets and blockchain technology. French Hill hopes that Congress will pass the bill during the session after the midterm elections. (Source: Fox Business)